Walgreens Lays Off Hundreds As Store Closures Loom

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The health services giant has laid off hundreds of employees in the U.S. amid cross-cutting measures at the company.

Walgreens has laid of hundreds of employees in two different states amid cost-cutting measures at the company that includes paring down its physical stores and reducing staff numbers amid a shift in strategy in the business.On Monday, the company told Newsweek that it will cut nearly 650 jobs in Dayville, Connecticut, and Orlando, Florida, as it reevaluates its business.'We are focused on aligning our operational structure to best serve our patients and customers.

In September, the company parted ways with its then CEO Rosalind Brewer after only two and a half years. The company had been moving away from its retail pharmacy business and had turned its attention more on healthcare services.In a statement at her departure, Brewer alluded to this shift.

 

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